Animation Project INC FY2023 filing

Tax-deductible

New York, NY501(c)(3)EducationEIN 26-2318845

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The Animation Project nurtures the social, emotional and cognitive growth of at-risk youth, using digital art technology as a therapeutic medium and a workforce development tool.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$333K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $19K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$333K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $502K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$22K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
-25% vs prior year
Spent
$1.8M
To programs
85%
Net assets
$430K
By yearFY2020–FY2024
Revenue
$1.7M
FY2023▼ -25%
Revenue by fiscal year
FY2020$2.2M
FY2021$2.0M
FY2022$2.2M
FY2023$1.7M
FY2024$825K
Expenses
$1.8M
FY2023▼ -8%
Expenses by fiscal year
FY2020$2.4M
FY2021$1.9M
FY2022$2.0M
FY2023$1.8M
FY2024$988K
Net assets
$430K
FY2023▼ -28%
Net assets by fiscal year
FY2020$218K
FY2021$360K
FY2022$595K
FY2023$430K
FY2024$267K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $1.5M Management & general 9% · $156K Fundraising 7% · $121K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $333K paid to officers and key staff.

Part VII, Section A · reportable compensation
$130,376Pt VII · Sec A
Executive Dir.
$102,242Pt VII · Sec A
Managing Direct
$100,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Natasha Amendolara’s $105K as Assoc Exec Dir is at the 85th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Brian Austin$102,242$102,242$128,876$132,923$130,756
Meredith Dean—$130,376———
Laurie Parise—$100,000$130,374$123,527$112,463
Natasha Amendolara$104,782————
Cara Macksoud————$36,667

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers at-risk youth through digital art, fostering growth and job skills.

Provided by the organization

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1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2023.
01

The Made in New York Animation Project (TAP) offered high quality virtual programming in New York City this year, serving over 1,500 New Yorkers and providing them with the emotional, social and technical support they need to thrive now and well into their bright futures.

$1.5Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$138K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.5M
Managementcol C$156K
Fundraisingcol D$121K
Owns and owesPt X
$430K
net assets · Ln 32
Cash and savingsLn 1–2$293K
Total assetsLn 16$452K
LiabilitiesLn 26$22K
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$138K
Fees for servicesLn 2g$1.5M
Gains on assetsLn 7$0
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$293K
SavingsLn 2$0
Cash and savings togetherLn 1–2$293K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$5K
Total assetsLn 16$452K
LiabilitiesLn 26$22K
Net assetsLn 32$430K
OperationsPt I, VI
EmployeesI 534
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$552K$293K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$623K$452K
LiabilitiesLn 26$28K$22K
Net assetsLn 32$595K$430K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$333K$266K$33K$33K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$564K$451K$56K$56K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$128K$102K$13K$13K
Payroll taxesLn 10$75K$60K$7K$7K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$158K$130K$28K
Advertising and promotionLn 12$1K$870$110$109
Office expensesLn 13$46K$37K$5K$5K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$29K$24K$3K$3K
TravelLn 17$12K$10K$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$470K$465K$3K$3K
All other expensesLn 24e$0
Total functional expensesLn 25$1.8M$1.5M$156K$121K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $825K$988K−$164K$267K 990 PDF
FY2023 Viewing $1.7M$1.8M−$165K$430K 990 PDF
FY2022 $2.2M$2.0M$246K$595K 990 PDF
FY2021 $2.0M$1.9M$141K$360K 990 PDF
FY2020 $2.2M$2.4M−$155K$218K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,657,301 across 9 lines filed
VIII-1f All other contributions, gifts and grants$138,250
VIII-1h Total contributions, gifts and grants$138,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,519,051$1,519,051
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,519,051$1,657,301
Part IX · Statement of functional expenses $1,822,029 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $266,094 · Management $33,262 · Fundraising $33,262$332,618
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $450,884 · Management $56,361 · Fundraising $56,360$563,605
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $102,125 · Management $12,766 · Fundraising $12,765$127,656
IX-10 Payroll taxesPrograms $59,698 · Management $7,462 · Fundraising $7,462$74,622
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $129,594 · Management $28,447$158,041
IX-12 Advertising and promotionPrograms $870 · Management $110 · Fundraising $109$1,089
IX-13 Office expensesPrograms $36,917 · Management $4,614 · Fundraising $4,615$46,146
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $23,594 · Management $2,949 · Fundraising $2,949$29,492
IX-17 TravelPrograms $9,981 · Management $1,248 · Fundraising $1,247$12,476
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $6,318$6,318
IX-24 Other expenses (24a–d)Programs $464,898 · Management $2,534 · Fundraising $2,534$469,966
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,544,655 · Management $156,071 · Fundraising $121,303$1,822,029
Part X · Balance sheet $452,223 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $551,731$292,733
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivableStart of year $55,450$45,905
X-4 Accounts receivableStart of year $12,200$108,475
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,700$5,110
X-16 Total assetsStart of year $623,081$452,223
X-17 Accounts payable and accrued expensesStart of year $27,985$21,855
X-26 Total liabilitiesStart of year $27,985$21,855
X-27 Net assets without donor restrictionsStart of year $595,096$430,368
X-32 Total net assets or fund balancesStart of year $595,096$430,368
X-33 Total liabilities and net assetsStart of year $623,081$452,223
Part XI · Reconciliation of net assets $430,368 net assets at year end
XI-1 Total revenue$1,657,301
XI-2 Total expenses$1,822,029
XI-3 Revenue less expenses−$164,728
XI-4 Net assets at start of year$595,096
XI-10 Net assets at end of year$430,368

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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